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Luigi Mangione, suspect in United Healthcare CEO’s killing charged with weapons, forgery, other charges

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Luigi Mangione, suspect in United Healthcare CEO’s killing charged with weapons, forgery, other charges


Police arrested a “strong person of interest” Monday in the brazen Manhattan killing of UnitedHealthcare’s CEO after a quick-thinking McDonald’s employee in Pennsylvania alerted authorities to a customer who was found with a weapon and writings linking him to the ambush.

Members of a Joint Task Force with the FBI and the NYPD exit the Altoona Police Department, where suspect in the UnitedHealthcare CEO shooting 26-year old Luigi Mangione is being held Monday, Dec. 9, 2024, Altoona, Pa. (Benjamin B. Braun/Pittsburgh Post-Gazette via AP)(AP)
Members of a Joint Task Force with the FBI and the NYPD exit the Altoona Police Department, where suspect in the UnitedHealthcare CEO shooting 26-year old Luigi Mangione is being held Monday, Dec. 9, 2024, Altoona, Pa. (Benjamin B. Braun/Pittsburgh Post-Gazette via AP)(AP)

The 26-year-old man had a gun believed to be the one used in the killing and writings suggesting his anger with corporate America, police officials said. He was taken into custody after police got a tip that he was eating at a McDonald’s in Altoona, Pennsylvania, NYPD Commissioner Jessica Tisch said at a news conference.

Police identified the suspect as Luigi Mangione. Mangione was born and raised in Maryland, has ties to San Francisco, and his last known address is in Honolulu, Chief of Detectives Joseph Kenny said at a news briefing.

Here’s the latest:

Mangione had a large sum of cash when he was arrested, prosecutor says

Blair County District Attorney Peter Weeks said in court that Mangione was carrying a passport and $10,000 in cash — $2,000 of it in foreign currency.

Mangione disputed the amount.

He was also found with a box of masks, the prosecutor said.

Gov. Josh Shapiro hails the ‘hero’ who notified police about the suspect

“A Pennsylvania resident saw something early this morning and said something to our local police,” Shapiro said.

“In some dark corners, this killer is being hailed as a hero. Hear me on this, he is no hero,” the Democrat continued. “The real hero in this story is the person who called 911 at McDonald’s this morning.”

Authorities are giving an update after Mangione’s arraignment

Altoona’s Deputy Chief Derek Swope opens the news conference. At least a half-dozen men in NYPD jackets are lined up behind the microphones, along with a Pennsylvania state trooper and other law enforcement personnel.

Mangione is arraigned and ordered held without bail

Asked if he needed a public defender, he asked if he could “answer that at a future date.”

What police say they found in Mangione’s backpack

After Mangione provided his real name and birth date, he was taken into custody on charges of forgery and false identification to law enforcement, court documents say.

In his backpack, police found a black, 3D-printed pistol and a 3D-printed black silencer, the papers say.

The pistol had a metal slide and plastic handle with a metal threaded barrel. It had one loaded Glock magazine with six 9 mm full metal jacket rounds and one loose 9 mm hollow-point round.

Court docs describe the moment police saw Mangione in the McDonald’s

According to court documents, Mangione was sitting at a table in the rear of the McDonalds wearing a blue medical mask and looking at a silver laptop computer and had a backpack on the floor.

When he pulled down his mask, Altoona police officers “immediately recognized him as the suspect” in the killing of UnitedHealthcare CEO Brian Thompson, the documents say.

Asked for identification, Mangione provided officers with a fake ID — a New Jersey driver’s license bearing another name and the incorrect date of birth.

Mangione began shaking when police asked if he had been in New York recently, court papers say

When an officer asked Mangione if he’d been to New York recently, he “became quiet and started to shake,” the court documents say.

Mangione is charged with weapons, forgery and other charges in Pennsylvania

A police criminal complaint charged him with forgery, carrying firearms without a license, tampering with records or identification, possessing an instrument of crime and providing false identification to law enforcement.

Mangione arrives at court

Video posted on the social platform X shows a handcuffed Mangione arriving at the Blair County Courthouse in Hollidaysburg, Pennsylvania.

Recent cases su ggest that it could be a while before Mangione is returned to New York

For example, it took about 10 months to extradite a man charged with stabbing two workers at the Museum of Modern Art in 2022.

The suspect, Gary Cabana, was also arrested in Pennsylvania, where he was charged with setting his Philadelphia hotel room on fire. Cabana was sent back to New York after he pleaded guilty to an arson charge in Pennsylvania.

Manhattan prosecutors could seek to expedite the process by indicting Mangione for Thompson’s killing while he’s still in custody of Pennsylvania authorities. They could then obtain what’s known as a supreme court warrant or fugitive warrant to get him back to New York.

Former classmate of Mangione says ‘he had everything going for him’

Freddie Leatherbury hasn’t spoken to Mangione since they graduated in 2016 from Gilman School in Maryland. He said Mangione was a smart, friendly and athletic student who came from a wealthy family, even by the private school’s standards.

“Quite honestly, he had everything going for him,” Leatherbury said.

Leatherbury said he was stunned when a friend shared the news of their former classmate’s arrest.

“He does not seem like the kind of guy to do this based on everything I’d known about him in high school,” Leatherbury said.

Mangione comes from a prominent Maryland family

One of his cousins is Republican Maryland state legislator Nino Mangione, a spokesperson for the delegate’s office confirmed Monday.

Luigi Mangione is one of 37 grandchildren of Nick Mangione Sr., according to a 2008 obituary.

Mangione Sr. grew up poor in Baltimore’s Little Italy and rose after his World War II naval service to become a millionaire real estate developer and philanthropist, according to a 1995 profile by the Baltimore Sun. He and his wife Mary Cuba Mangione, who died in 2023, directed their philanthropy through the Mangione Family Foundation, according to a statement from Loyola University commemorating her death. They donated to a variety of causes, ranging from Catholic organizations to higher education to the arts.

A man who answered the door to the office of the Mangione Family Foundation declined to comment Monday evening.

Mangione Sr. was known for Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. The father of 10 children, Nick Mangione Sr. prepared his five sons — including Luigi Mangione’s father, Louis Mangione — to help manage the family business, according to a 2003 Washington Post report.

The Mangione family also purchased Hayfields Country Club north of Baltimore in 1986. On Monday afternoon, Baltimore County police officers had blocked off an entrance to the property, which public records link to Luigi Mangione’s parents. A swarm of reporters and photographers gathered outside the entrance.

UnitedHealth Group comments on the arrest

“Our hope is that today’s apprehension brings some relief to Brian’s family, friends, colleagues and the many others affected by this unspeakable tragedy,” a spokesperson for UnitedHealth Group said Monday. “We thank law enforcement and will continue to work with them on this investigation. We ask that everyone respect the family’s privacy as they mourn.”

Baltimore’s Gilman School sends an email about Luigi Mangione’s arrest

In an email to parents and alumni, Gilman headmaster Henry P.A. Smyth said it “recently” learned that Mangione, a 2016 graduate, was arrested in the CEO’s killing.

“We do not have any information other than what is being reported in the news,” Smyth wrote. “This is deeply distressing news on top of an already awful situation. Our hearts go out to everyone affected.”

Mangione earned undergraduate and graduate degrees at the University of Pennsylvania

Mangione, a high school valedictorian from a Maryland prep school, earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a spokesman told The Associated Press on Monday.

He had learned to code in high school and helped start a club at Penn for people interested in gaming and game design, according to a 2018 story in Penn Today, a campus publication.

His posts also suggest that he belonged to the fraternity Phi Kappa Psi. They also show him taking part in a 2019 program at Stanford University, and in photos with family and friends in Hawaii, San Diego, Puerto Rico, the New Jersey shore and other destinations.

What is a ghost gun?

Police said the suspect arrested Monday had a ghost gun, a type of weapon that can be assembled at home from parts without a serial number, making them difficult to trace.

The critical component in building an untraceable gun is what’s known as the lower receiver. Some are sold in do-it-yourself kits and the receivers are typically made from metal or polymer.

Altoona police describe how they arrested the suspect

Altoona police say officers were dispatched to a McDonald’s on Monday morning in response to reports of a male matching the description of the man wanted in connection with the United Healthcare CEO’s killing in New York City.

In a news release, police say officers made contact with the man, who was then arrested on unrelated charges. The Altoona Police Department says it’s cooperating with local, state, and federal agencies.

Police are investigating the path the suspect took to Pennsylvania

“This just happened this morning. We’ll be working, backtracking his steps from New York to Altoona, Pennsylvania,” Kenny said.

Suspect will face gun charges in Altoona, Pennsylvania, police say

“And at some point we’ll work out through extradition to bring him back to New York to face charges here, working with the Manhattan district attorney’s office,” NYPD Chief of Detectives Joseph Kenny said.

Suspect had a ‘ghost gun,’ police say

“As of right now, the information we’re getting from Altoona is that the gun appears to be a ghost gun that may have been made on a 3D printer, capable of firing a 9 mm round,” NYPD Chief of Detectives Joseph Kenny said at a news briefing.

Suspect had handwritten document that ‘speaks to both his motivation and mindset,’ police commissioner says

The document suggested the suspect had “ill will toward corporate America,” police added.

Police identify the suspect as Luigi Mangione

Mangione, 26, was born and raised in Maryland, has ties to San Francisco, and his last known address in Honolulu, Chief of Detectives Joseph Kenny said at a news briefing.

26-year-old arrested with weapon ‘consistent with’ the gun used in killing of UnitedHealthcare CEO

Police have arrested a 26-year-old with a weapon “consistent with” the gun used in the killing of UnitedHealthcare CEO Brian Thompson, New York City’s police commissioner says.

Thompson, 50, died in a dawn ambush Wednesday as he walked to the company’s annual investor conference at Manhattan hotel. Thompson had traveled from Minnesota for the event.

Man questioned in UnitedHealthcare CEO’s killing had writings critical of the industry, source says

A man being questioned Monday in the killing of UnitedHealthcare CEO Brian Thompson had writings that appeared to be critical of the health insurance industry, a law enforcement official told The Associated Press.

The man also had a gun thought to be similar to the one used in the killing, the official said.

Police apprehended the man after receiving a tip that he had been spotted at a McDonald’s near Altoona, Pennsylvania, about 233 miles (375 kilometers) west of New York City, said the official, who wasn’t authorized to discuss details of the investigation and spoke to the AP on condition of anonymity.

Along with the gun, police found a silencer and fake IDs, according to the official.

— Michael R. Sisak

Along with the gun, police found a silencer, fake IDs and writings apparently critical of the health insurance industry

That’s also according to the law enforcement official.

— Michael R. Sisak

Police take suspect into custody after getting a tip that he’d been spotted at a McDonald’s

That’s according to a law enforcement official.

— Michael R. Sisak


Total Area Sown Under Rabi Crops Surges Past 493.6 Lakh Hectares | Economy News

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Total Area Sown Under Rabi Crops Surges Past 493.6 Lakh Hectares | Economy News


New Delhi: The total area sown during the ongoing Rabi crop season so far has surpassed 493.6 lakh hectares, up from 486.3 hectares in the same period last year raising hopes of higher agricultural production that would help to bring down food prices. 

The area covered under wheat has increased to 239.49 lakh hectares compared to 234.15 lakh hectares in the corresponding period of the previous year. Similarly, the area sown under pulses has shot up to 120.65 lakh hectares in the current Rabi season as compared to 115.7 lakh hectares in the same period last year.

The area under Shri Anna & Coarse Cereals has also risen to 35.77 lakh hectares compared to 35.08 lakh hectares during the corresponding period of last year. The increase in the sown area is expected to increase production of the essential food goods and would help bring down inflation in the economy.

Looking ahead, food inflation is expected to ease while the growth outlook for the economy is “cautiously optimistic” for the coming months as the agricultural sector is likely to benefit from favourable monsoon conditions, increased minimum support prices and adequate supply of inputs, according to the Finance Ministry’s monthly economic review last month.

RBI Governor Shaktikanta Das said last week that “India’s growth story is still intact and inflation is on the declining path”. The RBI Governor was also optimistic on the outlook for the economy, observing that “the balance between inflation and growth is well poised”.

The slack in speed observed in the Indian economy during the second quarter of 2024-25 is behind us as private consumption is back to being the driver of domestic demand with festival spending lighting up real activity in Q3, according to the RBI’s monthly bulletin for November.

The report points out that rural India is emerging as a gold mine for e-commerce companies in this festival season; this is expected to gather further momentum with the sharp increase in kharif output and optimism around Rabi production emboldening a record foodgrains target for 2024-25, the bulletin added.


How have Palestinian groups reacted to the ouster of Syria’s al-Assad? | Syria’s War News

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How have Palestinian groups reacted to the ouster of Syria’s al-Assad? | Syria’s War News


Palestinian factions have largely expressed support for the Syrian people after the ouster of former President Bashar al-Assad while saying that they hope the new authorities will support the Palestinian cause.

As daylight broke in Damascus in the early hours of Sunday morning, Syrians woke up to a dramatically changed country after opposition forces swept into Syria’s capital less than two weeks into a lightning offensive.

Palestinian factions have supported opposing sides of the Syrian war over the past 13 years. Syria – home to hundreds of thousands of Palestinian refugees – has played a major role in the Arab-Israeli conflict.

Here’s how leading Palestinian groups reacted to the fall of al-Assad over the past days:

Palestinian Authority (PA)

The State of Palestine, run by the PA, said on Sunday that it stands by the Syrian people, “respecting their will and political choices, in a way that guarantees their security and stability and preserves their achievements”.

The Palestinian presidency added in a statement that it affirms “the need to respect the unity, sovereignty and territorial integrity of the Syrian Arab Republic, and to preserve its security and stability, wishing continued progress and prosperity for the brotherly Syrian people”.

The presidency stressed that political parties should prioritise the interests of the Syrian people and back Palestinians’ “just cause towards freedom and independence”.

Hamas

Hamas congratulated the Syrian people on Monday for achieving their “aspirations for freedom and justice”.

“We stand strongly with the great people of Syria … and respect the will, the independence, and the political choices of the people of Syria,” the Palestinian group said in a statement.

It also urged Syrians to unite and “rise above the wounds of the past”, condemning what it called the “brutal aggression” by Israel against Syria.

Hamas added that it hopes that Syria will continue “its historical and pivotal role in supporting the Palestinian people”.

Hamas sided with the uprising against al-Assad early in the crisis despite its alliance with Iran, which backed the government in Damascus. The Palestinian group’s position cooled down ties with Tehran and Hezbollah in Lebanon, but the alliance was eventually revived despite disagreements over Syria.

Palestinian Islamic Jihad (PIJ)

The Palestinian faction, which is allied with Hamas and Iran, said the recent developments are a Syrian matter that relates to the “choices of the brotherly Syrian people”.

“The Islamic Jihad hopes Syria will remain a true supporter and backer for the Palestinian people and their just cause, as it has always been,” Ziad al-Nakhala, the head of the PIJ, said in a statement.

The left-wing group that has previously voiced support for the Syrian government, did not address al-Assad’s fall in its first official statement after opposition fighters captured Damascus.

Instead, the PFLP focused on condemning ongoing Israeli attacks on Syria.

“This Zionist aggression against Syrian territory carries dangerous dimensions that require solidarity to confront them,” the group said.

“The Front stresses that the Zionist enemy’s air strikes against Syria and its incursion into Syrian territory amount to a dangerous escalation in the aggression against the people and states of the region,” it added.

“The enemy is trying to take advantage of the phase of internal changes in Syria to achieve renewed goals of aggression against Syria and its people.”

The Palestinian National and Islamic Forces in Damascus

The coalition, which includes several Palestinian factions, described the ouster of al-Assad as an internal Syrian affair.

“The Palestinian National and Islamic Forces in Damascus looks forward sincerely to the Syrian people’s right to determine their future and build a unified, fully sovereign Syria in a framework of freedom, justice, democracy and equal citizenship without discrimination,” the coalition said.

It added that it hopes for a “Syria that continues to fulfil its brotherly and national duties towards the Palestinian people”.


Israel carries out dozens of air strikes across Syria, reports say

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Israel carries out dozens of air strikes across Syria, reports say


Getty Images Smoke rising on the horizon of a street in Damascus, Syria. Cars are driving down the road. It is day time with a blue sky.Getty Images

Syrian media reports say Israeli warplanes have carried out dozens of attacks across the country, including in the capital, Damascus.

The UK-based Syrian Observatory for Human Rights (SOHR) said there were more than 100 strikes on military targets.

A research centre with suspected links to chemical weapon production was among the sites hit, according local media reports.

Israel says it is acting to stop weapons falling “into the hands of extremists” following the overthrow of the Assad regime.

A map showing the locations of Israeli strikes on Syria since 8 December

Meanwhile, the UN Secuirty Council is meeting to discuss the situation in the country following the downfall of President Bashar al-Assad.

The SOHR says there have been hundreds of Israeli air strikes in the past two days, including on a site in Damascus said to have been used for rocket development by Iranian scientists.

The strikes come as the UN’s chemical watchdog warns authorities in Syria to ensure that suspected stockpiles of chemical weapons are safe.

According to the UN’s chemical watchdog, the Organisation for the Prohibition of Chemical Weapons (OPCW), a chemical weapon is a chemical used to cause intentional death or harm through its toxic properties, external.

The use of chemical weapons is prohibited under international humanitarian law regardless of the presence of a valid military target, as the effects of such weapons are indiscriminate by nature.

It is not known where or how many chemical weapons Syria has, but former President Bashar al-Assad is believed to have kept stockpiles and that the declaration he had made was incomplete.

Syria signed the OPCW’s Chemical Weapons Certificate in 2013, a month after a chemical weapons attack on suburbs of the capital, Damascus, that involved the nerve agent sarin and left more than 1,400 people dead.

The horrific pictures of victims convulsing in agony shocked the world. Western powers said the attack could only have been carried out by the government, but Assad blamed the opposition.

Despite the OPCW and the UN destroying all 1,300 tonnes of chemicals that the Syrian government declared, chemical weapons attacks in the country still continued.

BBC analysis in 2018 confirmed that between 2014 and 2018, chemical weapons were used in the Syrian civil war at least 106 times.

On Monday, the OPCW said it had contacted Syria “with a view to emphasising the paramount importance of ensuring the safety and security of all chemical weapons related materials and facilities” in the country.

Also on Monday, the Israeli military released photos of its troops who crossed from the Israeli-occupied Golan Heights into the demilitarised buffer zone in Syria where UN peacekeepers are based.

It comes a day after Israeli Prime Minister Benjamin Netanyahu announced that the military had temporarily seized control of the so-called Area of Separation, saying the 1974 disengagement agreement with Syria had “collapsed” with the rebel takeover of the country.

The Golan Heights is a rocky plateau about 60km (40 miles) south-west of Damascus.

Israel seized the Golan from Syria in the closing stages of the 1967 Six-Day War and unilaterally annexed it in 1981. The move was not recognised internationally, although the US did so unilaterally in 2019.

Speaking at a news conference on Monday, Saar said the Israel Defense Forces (IDF) was only making “a very limited and temporary step” taken for “security reasons”.

He also claimed that Israel had no interest in meddling in internal Syrian affairs and was concerned only with defending its citizens.

Defence Minister Israel Katz meanwhile said the Israeli military would “destroy heavy strategic weapons” – including missile and air defence systems.

A map showing the location of the Golan Heights, an area between Syria and Israel

The latest moves by Israel come after Syrian rebel fighters captured the capital, Damascus, and toppled Bashar al-Assad’s regime. He and his father had been in power in the country since 1971.

Forces led by the Islamist opposition group Hayat Tahrir al-Sham (HTS) entered Damascus in the early hours of Sunday, before appearing on state television to declare that Syria was now “free”.

On Sunday, Netanyahu branded the collapse of the Assad regime a “historic day in the Middle East”.

The Assad regime received much support from Hezbollah and Russia in the country’s brutal civil war. With Hezbollah involved in the Israel-Gaza war and cross-border air strikes between Israel and Lebanon, and Russia expending huge resources on its invasion of Ukraine, HTS, along with other rebel groups in Syria, were able to seize on the occasion and were ultimately able to capture large swathes of Syria.

During the 2011 Syrian uprising, Israel made the calculation that Assad, despite being an ally of both Iran and Hezbollah, was a better bet than what might follow his regime.

On Sunday, Netanyahu insisted Israel would “send a hand of peace” to Syrians who wanted to live in peace with Israel.

He said the IDF presence in the buffer zone was a “temporary defensive position until a suitable arrangement is found”.

“If we can establish neighbourly relations and peaceful relations with the new forces emerging in Syria, that’s our desire. But if we do not, we will do whatever it takes to defend the State of Israel and the border of Israel,” he said.

Israel is likely to be more sensitive over the Golan Heights, since HTS leader Abu Mohammed al-Jawlani’s family has roots there. Thousands of Israeli settlers now live in the area alongside about 20,000 Syrians, most of them Druze, who stayed on after it was captured.

Israeli strikes in Syria are nothing new. It has previously acknowledged carrying out hundreds of strikes in recent years on targets in Syria that it says are linked to Iran and allied armed groups such as Hezbollah.

The Israeli strikes in Syria have reportedly been more frequent since the start of the war in Gaza in October 2023, in response to cross-border attacks on northern Israel by Hezbollah and other groups in Lebanon and Syria.

Just last month, the Syrian Observatory for Human Rights (SOHR), a UK-based monitoring group, reported that a set of strikes hit a weapons depot and other locations in and around an area near Palmyra where families of Iran-backed militia fighters were, killing 68 Syrian and foreign fighters.


Redmi Note 14 price, specs, features: Note 14 Pro, Redmi Note 14 Pro+ launched in India

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Redmi Note 14 price, specs, features: Note 14 Pro, Redmi Note 14 Pro+ launched in India


Xiaomi has launched Redmi Note 14 Pro and Redmi Note 14 Pro+ in India on Monday, December 9, 2024 to take on the likes of OnePlus, Vivo, Realme, Motorola and more.

Xiaomi has launched the Redmi Note 14 Pro and Redmi Note 14 Pro+ in India(mi.com)
Xiaomi has launched the Redmi Note 14 Pro and Redmi Note 14 Pro+ in India(mi.com)

Also Read: IRCTC online ticketing service down for an hour due to maintenance activity

Specifications of the Redmi Note 14 Pro

The Redmi Note 14 Pro comes with a 6.67 inch 1.5K AMOLED display with 3,000 nits of peak brightness.

It gets a 50MP Sony LYT 600 primary sensor with OIS, 8MP ultra-wide, and a 2MP macro sensor.

It is powered by a 5,500mAh battery with 45W fast charging support.

The phone comes with a vegan leather finish and gets IP68 + IP69 water resistance rating, being able to handle being submerged in water for up to 1.5 metres.

Specifications of the Redmi Note Pro+

The new Redmi Note 14 Pro+ comes with a 6.67 inch 1.5K AMOLED display which has a 120Hz refresh rate and 3,000 nits of peak brightness.

It gets a 50MP Lighthunder 800 sensor with OIS, a 50MP telephoto lens, and a 8MP ultra-wide angle lens, a boon for photography.

Also Read: ‘I’m very easy to influence’: Jeff Bezos reveals how he conducts Amazon meetings

A key highlight is the huge 6,200mAh battery which should deliver excellent battery life.

The phone gets Corning’s Gorilla Glass Victus 2 on the front and Gorilla Glass 7i on the back.

Redmi Note 14 Pro series price

The Redmi Note 14 Pro starts at ₹24,999 for the 8GB RAM/128GB storage version and costs ₹26,999 for the 8GB RAM/256GB storage version.

Also Read: Saudi Arabia cuts oil prices for Asia amid weak demand: Report

Meanwhile, the Redmi Note 14 Pro+ starts at ₹30,999 for the 8GB RAM/128GB storage version, ₹32,999 for the 8GB RAM/256GB storage variant and ₹35,999 for the 12GB RAM/512GB storage version.


Revenue secretary Sanjay Malhotra to be next RBI governor

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Revenue secretary Sanjay Malhotra to be next RBI governor


Revenue secretary Sanjay Malhotra to be next RBI governor
Revenue secretary Sanjay Malhotra (File photo)

NEW DELHI: Government on Monday sprung a surprise by naming revenue secretary Sanjay Malhotra, 56, as the 26th Reserve Bank of India governor to replace Shaktikanta Das, whose six-year stint on Mumbai’s Mint Road ends on Tuesday.
After weeks of suspense, the appointments committee of cabinet zeroed in on Malhotra hours before Das’s tenure was to end. Like his predecessors, Malhotra has been given a 3-year term starting Dec 11.
The appointment was a surprise for Malhotra himself and he was said to be coming to grips with the development as he left North Block on Monday evening.
IAS topper from 1990 batch, Malhotra – who has been poring over Budget proposals and preparing for the crucial GST Council meeting later this month – will leave IAS more than three years before his age of retirement to take up one of the most powerful jobs in the country.

'Insider with an eye for detail'

Malhotra is a computer science graduate from IIT Kanpur and has a master’s from Princeton University.
Hailing from Bikaner, Malhotra will be the third IITian, after Raghuram Rajan (IIT Delhi) and D Subbarao (IIT Kharagpur) to occupy the crucial 18th floor office in RBI, and also the second Malhotra – after R N Malhotra (1985 to 1990) – to lead the regulatory agency.
But the similarities end there. In opting for Malhotra, the Modi govt has signalled its preference for a civil servant to run Reserve Bank after Das, also from IAS, ensured smooth coordination with Centre, ending years of tussle between the finance ministry and the central bank over multiple issues – from the trajectory of interest rates to managing govt borrowings, the formula for paying dividends and recognising bad debts of banks.
While Malhotra has been dealing with Centre’s revenues ever since he moved to North Block in Oct 2022, he is no stranger to financial services. Between Feb and Oct 2022, he was secretary in the department of financial services, overseeing state-owned banks and insurance companies.
.During this period, he was also the government’s nominee on RBI’s central board. Before that, he spent two years as the chairman and managing director of REC, the state-run infrastructure finance company. Malhotra came into his own when he shifted to the revenue department.
The low-profile bureaucrat has an eye for detail, which officials said was visible during the pre-Budget meetings when he would take up issues related to tax returns with the direct and indirect tax brass. “He knows the details himself, so it is difficult to bluff him. Although he is soft-spoken, he can be assertive,” said an officer, who has attended several of his meetings.
Another officer said that he would even bring up latest court rulings during his meetings with revenue officials, asking them to factor those in. “He has a good sense of how the economy will respond to a certain proposals and quickly understands the requirements of the job,” the official said, adding that the way Malhotra led the entire Financial Action Task Force (FATF) review also worked in his favour as India came out as one of the top performers.
Always smartly turned out, Malhotra invariably engages attention with his colourful ties that are well coordinated with his suits, He enjoys the trust of finance minister Nirmala Sitharaman who often turns to him for technical input in complicated tax matters.
Whether it was dealing with tax deduction on virtual digital assets or the revamped capital gains regime, the Rajasthan-cadre officer was willing to tackle issues even when public opinion did not favour the proposals. He was equally at ease dealing with GST issues: a vexed subject requiring striking a fine balance with the competing demands of states.




UN urges patience as European countries suspend Syrian asylum decisions | Syria’s War News

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UN urges patience as European countries suspend Syrian asylum decisions | Syria’s War News


UN refugee agency chief says returning refuges to Syria after fall of Bashar al-Assad should be ‘voluntary’ and ‘safe’.

The United Nations high commissioner for refugees calls for “patience and vigilance” in returning Syrian refugees to Syria after the ouster of President Bashar al-Assad.

Filippo Grandi said in a statement on Monday that the process must be “voluntary” and “safe” as the situation in Syria remains “uncertain”.

Grandi’s comments came after several European countries said they would suspend asylum decisions for Syrians after al-Assad’s fall.

“Patience and vigilance will be necessary, hoping that developments on the ground will evolve in a positive manner, allowing voluntary, safe and sustainable returns to finally occur – with refugees able to make informed decisions,” Grandi said.

The former Syrian president was toppled on Sunday in a lightning offensive by opposition fighters that put an end to more than half a century of the al-Assad family’s rule and came after 13 years of war.

The conflict killed hundreds of thousands of people and forced millions to flee Syria, sparking one of the worst refugee crises in modern history. Many have claimed asylum in Europe, citing fear of government persecution.

Just a day after al-Assad’s fall, Germany, France, Austria, Belgium and several other European countries announced suspensions of their decisions on asylum requests from Syrians.

But the likelihood of returns is dependent on whether Syria’s new leaders prioritise law and order, Grandi said.

“A transition that respects the rights, lives and aspirations of all Syrians – regardless of ethnicity, religion or political beliefs – is crucial for people to feel safe,” the UN refugee agency chief said.

In one of its first statements after toppling al-Assad, the Syrian opposition called on Syrians abroad to return and help rebuild the country. “Syria awaits you,” it said.

While Germany – home to the largest Syrian population outside the Middle East – and other governments said they were watching developments in the war-ravaged country, Austria signalled it would soon deport refugees back to Syria.

Far-right politicians, often opposed to immigration, elsewhere made similar demands.

Alice Weidel of the anti-immigration Alternative for Germany party reacted with disdain to Sunday’s mass rallies by jubilant Syrians celebrating al-Assad’s downfall.

“Anyone in Germany who celebrates ‘free Syria’ evidently no longer has any reason to flee,” she wrote on X. “They should return to Syria immediately.”

A German Federal Foreign Office spokesman, however, acknowledged that “the fact that the Assad regime has been ended is unfortunately no guarantee of peaceful developments” in the future.

Amnesty International has criticised the freezes on asylum decisions, stressing that “the human rights situation in [Syria] is completely unclear.”


SEBI Warns Investors Against Trading In Unlisted Debt Securities | Economy News

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SEBI Warns Investors Against Trading In Unlisted Debt Securities | Economy News


Mumbai: The Securities and Exchange Board of India (SEBI) on Monday warned investors against performing transactions on unregistered online platforms. 

The markets regulator said that unregistered online platforms are offering unlisted debt securities to investors. “Such platforms appear to provide an avenue for investors to acquire unlisted debt securities. These platforms are not subject to any regulatory or supervisory oversight, and lack basic investor protection or investor grievance redress mechanisms,” SEBI said in a statement.

The activities undertaken by the unregistered online platforms or issuers of the unlisted debt securities are in violation of Companies Act, 2013, SEBI Act, 1992, SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 and SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

This violation occurs because offering unlisted securities to more than 200 investors makes it a “deemed to be public issue” under the Companies Act, 2014. These activities could result in legal, regulatory or enforcement action against those involved in such activities.

SEBI recommended investors to not engage with such platforms. Recently, the SEBI issued an interim order against some entities operating such unregistered platforms.

“Investors should consider utilising Online Bond Platforms operated by SEBI registered stock brokers authorised by the Bombay Stock Exchange (BSE) and/or the National Stock Exchange (NSE) to act as online bond platform providers (OBPPs) for investing in listed debt securities,” the markets regulator emphasised.

SEBI is issuing this caution, advising investors to not engage with or undertake investment or trading activities through un-registered intermediaries, web applications, platforms and apps.

The regulator also said that these platforms are neither authorised nor recognised, and investors engaging in such activities would not be entitled to essential protections, such as investor protection under SEBI’s or stock exchanges’ jurisdiction, access to grievance redressal mechanisms administered by exchanges and dispute resolution services offered by authorised entities.


Syrian asylum seekers in limbo as countries halt applications

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Syrian asylum seekers in limbo as countries halt applications


EPA A man in a baseball cap walks past a window at night. He's silhouetted against the building and the soft white light coming from the window.
EPA

A number of European countries, including the UK, have suspended the processing of asylum applications for Syrians, after the downfall of former president Bashar al-Assad.

Austria’s caretaker government has stopped all asylum claims from Syrians and says it is making plans to to repatriate or deport people back to their homeland, arguing that the situation in the country has changed fundamentally.

Germany (home to a million Syrians), the United Kingdom, France, and Greece have all said they will halt asylum decisions for now.

The moves leave many in the Syrian diaspora in limbo, following the collapse of the Assad regime after 50 years of brutal rule.

Austria’s Chancellor Karl Nehammer, a conservative who is a hardliner on immigration, said in a post on X that the government would “support all Syrians who have found refuge in Austria and want to return to their home country”.

He added that the “security situation in Syria must also be reassessed in order to make deportations possible again in the future”.

In a statement, Austria’s Interior Ministry said “the political situation in Syria has changed fundamentally and, above all, rapidly in recent days”.

Around 95,000 Syrians live in Austria, many of whom arrived during the migrant crisis of 2015 and 2016. A backlash against them has fuelled support for the far right and conservatives in Austria.

Germany’s Federal Office for Migration and Refugees has put on hold all pending applications from Syrian asylum seekers.

Officials say the political situation is so uncertain in Syria, that it is not possible to reach a proper decision about whether the country is safe or not.

At the moment 47,270 Syrians in Germany are waiting for an answer to their asylum applications. Those who have already been granted asylum are not affected.

Germany has the largest Syrian diaspora population outside of the Middle East, with about one million Syrians living in Germany.
About 700,000 are classed as refugees.

British Home Secretary Yvette Cooper has confirmed that the UK has “paused asylum decisions on cases from Syria while the Home Office reviews and monitors the current situation”.

Cooper sad the situation in the country is “moving extremely fast after the fall of the Assad regime” and added that some people are already returning to Syria.

France is working on a policy similar to the one put forward by Germany, with a decision expected in the next few hours, according to the Reuters news agency.

Meanwhile, thousands of Syrians exiled in Lebanon and Jordan have been returning home. But on the Lebanese border, the flow has been in both directions.

A BBC correspondent there said an increasing number of Syrians were trying to get into Lebanon, prompting Lebanese military reinforcements. He says some feared an increase in chaos or crime at home, though they also say they have received reassurances this will not happen.

Lebanon hosts more than one million Syrian refugees but has been tightening up the rules for them to enter the country.


Australian judge calls parts of Adani Group claims on activist ‘embarrassing’: Report

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Australian judge calls parts of Adani Group claims on activist ‘embarrassing’: Report


A court in Australia has struck out a significant portion of a case filed by the Adani Group, calling some of the company’s claims as ‘inconsistent’ and ‘embarrassing’, Guardian reported. 

HT cannot independently verify this information.

Adani Group's case against environmental activist Ben Pennings all but thrown out.(AFP)
Adani Group’s case against environmental activist Ben Pennings all but thrown out.(AFP)

The Queensland Supreme Court struck down portions of the group’s case against environmental activist Ben Pennings. While the case remains in the court, it has been significantly watered down. The group has until February of next year to appeal the disallowed sections of the case.

“I’m extraordinarily relieved that after four and a half years the judge has thrown out a number of allegations that we’ve always argued were spurious and anti-democratic … against a peaceful protester,” Pennings was quoted as saying by the Guardian.

“It’s lasted four and a half years. The dude ultimately taking it against me is worth $100bn. I haven’t got [that]. I’ve got very little,” the environmental activist added, talking about the business conglomerate’s chairman Gautam Adani.

In a lengthy judgement, Justice Susan Brown struck out the allegations by the Adani Group that ‘demands and threats’ by Pennings had caused two companies to withdraw from their contracts to provide services to the Carmichael mine in Queensland, Australia.

The first company was Greyhound and the judge called the allegations “embarrassing” because the group could not demonstrate a “causal nexus” between the alleged demands and threats’ by Pennings and the bus company withdrawing from the contract.

The judge also called the pleadings in case of a company named Downer as ‘inconsistent’ with the evidence provided to the court and that the claim has ‘considerable weakness’, according to the report by the Guardian.

The judge allowed the case to still move forward as she did not find that it amounted to the abuse of the process. So the Gautam Adani-led Group can file a new statement of claim in February next year.

Statement by the Adani Group

The mining arm of the Adani Group, Adani mining, released a statement after the judgement. The company said that it has brought the proceedings against Ben Pennings in 2020 to ‘enforce its rights’ to carry out business activities free from ‘intimidation and harassment’

“Mr Pennings had applied to the court to have the case struck out. He also asked the court to lift the injunction against him which prevents him from threatening our contractors and employees. Justice Brown rejected both applications and the injunction remains in place,” the company added.

“Pennings has been either wholly unsuccessful or largely unsuccessful at every stage of the civil legal proceedings since they began. The matter is expected to go to trial in 2025,” it clarified.